Madison Insurance Risk and Compliance Manager

Madison Insurance Risk and Compliance Manager

Madison Insurance, a leading Insurance Company in both Life and General Business, is seeking a motivated individual to fill the following position:

Manager – Risk and Compliance

Job Purpose: To partner with management to provide continual risk assessment and in the development comprehensive policies, procedures, compliance training, protocols, internal investigations, plans and implements risk management strategies and processes.

Key Responsibilities

• Develop the Enterprise Risk Management Policy for the Company
• Guiding integration of enterprise risk management with other organizational planning and management activities.
• Liaise with departmental heads in ensuring completion of quality departmental risk registers
• Identify training needs for risk management and oversee development of enterprise risk competence and awareness across the company
• Evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives;
• Work with Board Audit, Risk and Compliance committee in ensuring the identification and prioritization of risks and reporting of the same
• Liaise with department and division heads on the adequacy of proposed actions in management of risk areas highlighted in internal audit reports
• Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required.
• Monitor and report on compliance with regulatory requirements
• Proactively identify emerging risks and report to relevant stakeholders
• Develop risk management system and train departmental risk champions on implementation
• “Test” the effectiveness of cascading risk management approach to business decision making
• Attend Board Audit and Risk Committee meetings; and
• Any other duty assigned by Management

Academic Qualifications

• Bachelor’s degree in Business Administration
• MBA an added advantage
• Professional Qualifications
• ACII or CPA (audit), ACCA/CIRM
• Experience
• 8 years’ experience 3 of which must be in audit related functions at middle to senior level

How to Apply

Interested candidates should email their applications and a detailed CV to hr@madison.co.ke.

Applications should be received on or before 29th May, 2015 by 5.00 p.m.